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Online Share Trading

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Anchor Capital

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magicactus
Frequent Contributor
Any thoughts on this company, going to list in September. Peter Armitage (Formerly Investic) and Ivan Clarke (Former GND; CSP) being large shareholders
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5 REPLIES 5
kwagga
Super Contributor
Lots of these asset managers around - Cadiz, Coronation, RE:CM. Proof is in the pudding. Question is, why do they want to list ?
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Not applicable
never did understand why these guys have to list - maybe when they need the capital to buy other asset managers, but its not like they need the capital to seed their portfolios.
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Not applicable
never did understand why these guys have to list - maybe when they need the capital to buy other asset managers, but its not like they need the capital to seed their portfolios.
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SimonPB
Valued Contributor
they only raising R60-80m so not capital .. so no idea why they listing .. signia also coming soon, again no idea why
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Vagabond
Contributor
Peter Armitages also not to sure why they are listing. His best reason is, so staff can get share options. http://www.biznews.com/video_/2014/08/armitages-anchor-heads-for-jse-zero-to-r180m-valuation-in-2-ye...
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